Carol Stream Liens
When your federal taxes are not paid, the IRS establishes a Carol Stream lien against you. It is a legal claim against your property, and all of your assets are up for inclusion. A lien includes any real estate investments you may own. It gives the IRS the full legal right to collect taxes from the sale of your assets—your home, car, and other personal property.
We want to help you navigate this difficult time. Jones, Savarese, Harrington tax accountants and tax advisors can guide you through this process with our vast IRS issue resolution experience. Put our tax accounting team to work for you! Together, we can create a plan to resolve your tax debt before the IRS steps in with a Carol Stream lien.
Resolving Your Liens
The lien can be against you, your spouse, or your company. A lien against your Carol Stream company will seize your accounts receivable. At this point, everything you own is just one short step away from becoming the property of the United States Government.
Carol Stream liens filed against you also show up on your credit report. They often prevent you from opening a checking account or borrowing against any assets, like your home. Banks don’t want the extra work when the IRS comes in to take your money.
With a Federal Tax lien on your record, you can’t get a reasonable loan to purchase a car in Carol Stream. Think about paying 18-22% interest on a vehicle that is already too expensive for your budget. You definitely cannot buy or sell any Real Estate. The list is endless.
Avoiding Carol Stream Liens is crucial when dealing with any IRS issues. JSH tax accountants and tax advisors can guide you through this process with our vast IRS issue resolution experience. Put our tax accounting team to work for you, creating a plan before the IRS steps in.
Additional Carol Stream Tax Services
We will always use our tax service expertise to take advantage of every relevant tax filing law and regulation. Our goal is to ensure that you incur the lowest tax liability legally possible. Our team is ready to assist with all of your tax needs, from thoroughly completing the correct IRS forms to in-depth tax prep and tax filing. If you are facing ownership change or liquidation of your business, our tax accounting staff can offer prudent advice on taxes and reducing your liabilities.
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